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20121129
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saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the automaker is prepared for any outcome. cnbc has learned the completion of the so-called volcker rule is being delayed until the end of the first quarter of next year instead of the end of this year. the rule which is named for paul volcker bans banks from proprietary trading. but it's proven difficult for u.s. regulators to define and high volume of feedback has led to push back, repeated push back, of that deadline. mervyn king will release financial stability report today. there's been speculation in the report that king will raise capital requirements for banks and introduce new banking regulations. for our uk viewers, we'll bring you live coverage of the bank of england's report in just over an hour. for thousannow, chris wheeler j. what is your sense of what he could say? >> if we look at the uk banks, perhaps lloyd and those that have the biggest issues despite all the work, i think they're on a glide path to get to where they
's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a
for the syrian people. i hope all of us here can play a role. we hope that the obama administration will put syria as a priority in its foreign policiy. we see the clinton administration in the 1990's, put an end for that. looking to the obama administration, what can the next secretary of state do to help the syrian people and such a critical time. >> thank you everybody for being here. i hope to see you next friday for our conference on jordan. thank you. [applause] >> tonight we will look at the white house and congress and how they are addressing the fiscal cliff. first president obama speaks in pennsylvania followed by house speaker john banner responding from capitol hill. then eric cantor response to the white house deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a pub
that she would emphasize the points that the obama administration wanted emphasized. i walked out of the meeting with a profound sense of disappointment. martha: hmmm. melissa: those are pretty strong words from a senator who is known for not necessarily towing the party line. i think she is viewed as much more independent. that is assessment a lot of people are coming from. for me what was telling the president was at the press conference and the president said, essentially, don't pick on ambassador rice. she didn't know anything about gaziano. why did the administration put her out there as the spokesperson what ended up being misleading the world on what really happened in benghazi? it is just every single time we go down this step it is bungled and begs more questions than it answers. >> how do you think we're doing with the investigation? we were told we wouldn't really hear anything about all of this until after the election which some people thought was too bad. but now we are after the election so when do you think we will get some answers on what they know? melissa: remem
that the obama administration loves to talk about which is government investment in green technologies. we keep hearing we can't concede the next decade of things like solar panel technology to the chinese, henceforth we have to invest in companies like sillinger. is that true? >> it's true, i think,a gross sense. the chinese have been pouring money into pharma and aerospace. the u.s. needs to sort of invest in this to stay even at least with the chinese. discussing mainly small, private startups. and i think a lot of these will spin out of the clean energy industry. sustained government investment in industries of the future, i think, is important. >> i was going to say if china is becoming more expensive because people are asking for higher wages, didn't we see the same thing when japan was a low-wage country, hong kong, isn't there always going to be a country like bangladesh with lower wages that production will shift, too? >> possibly, except china is so much a category of its own. the scale is the biggest in the world. the infrastructure is unique. you want to move things to burma, you ha
. we are not moving and we are not going to let yougo get away with villinizing our administration a new obama going into the next 4iers. i am hoping we will see a lot more progressive reforms because of it. >> i hope you are right, too. we talked about this. something i want to get to at the top of the hour. obama has every reason right? to feel the power and exercise the power. every day -- i mean he won. okay? he won on november 6th, the popular vote the electoral vote overwhelmingly but i didn't realize there are still millions of votes still uncounted and every day, his margin keeps getting bigger and bigger and bigger. he is now a 51%, and romney is at 47%. there is something magic about the 47%. right? >> beautifully reviewed up. it's so good >> bill: the fact he ends up part of the 47%. obama, 51%. he beat romney by more than george bush beat john kerry in 2004. >> that's a solid, solid victory. he has a mandate. >> i think he definitely has a mandate. >> do you think he knows it? >> i think he knows he has a mandate. he has a mandate.
reminding voters that the president campaign and won on that same platform. >> obama: we need to give tax relief to working families trying to raise their kids to keep them healthy send them to college, keep a roof over their heads. that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you and your family. the president is planning to meet with state governors this week and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top earners and republicans will have to work with that reality. >> there is no responsible way we can govern this country with those low rates in place for future generations. those rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrat
people. >> did you see this, obama is flexible on highest tax rates. >> administration official. white house officials later signaled that. he didn't signal it in anything he said. >> i spoke to a couple who were at the meeting yesterday, some of the executives, who felt, and this is like the implied feeling that he was now more willing to deal on the highest rate. >> did you hear anything about spending cuts or entitlement reform? >> two conversations are taking place. one if the public trying to get them behind you. the other is whether you're actually saying to the people you're negotiating with. and when you saw the signal, it was like, okay, maybe they'll get to that, i don't know, 37% or 500,000 or something. what we had been talking about two weeks ago. maybe that's where they're headed. stocks did gain ground on optimism around the idea that we could reach some sort of a deal to overt the fiscal cliff. the dow closing more than 100 points higher after being down by more than that during the session. a swing like that hasn't happened since october 2011. u.s. equity futures at th
Search Results 0 to 8 of about 9 (some duplicates have been removed)